Rupee depreciation against major world currencies good for economy: Rajiv Kumar
The rupee depreciation against major world currencies is good for the economy as it encourages labour-intensive exports from India, increases foreign exchange earnings and generates…
A fifth of world imports are now affected by tariffs: WTO
New Delhi: Imports worldwide worth $2,640 billion, or 11.1% of total imports, were affected primarily by tariffs along with other trade measures introduced between mid-October…
Meesho raises Rs 2,439 crore from anchor investors ahead of IPO
Ecommerce marketplace Meesho has raised Rs 2,439 crore in a pre-IPO anchor allotment, according to a regulatory filing with the company. Of this, Rs 1,040…
How can AI scale our capabilities at work?
KRIS NARAYANAN: A rep for sure is not going to remember what they said to you last year. But now AI-enabled reps can actually remember…
Meesho faces major investor protest a day before IPO opens| Business News
Meesho Ltd. has faced a major setback a day before its IPO opened, as several investors pulled out of its anchor placement over preferential allotment…
Govt approves upgradation of Numaligarh Refinery to Navratna CPSE
Finance Minister Nirmala Sitharaman has approved the upgradation of Numaligarh Refinery Ltd (NRL) to Navratna CPSE, making it the 27th Navratna amongst the Central Public…
No proposal to raise FDI limit for PSU banks to 49%: MoS Finance
The government is not considering any proposal to raise the foreign direct investment (FDI) limit in public sector banks to 49 per cent, from the…
India’s November palm oil imports rise as soyoil, sunflower oil buying drops
India’s palm oil imports rose slightly in November as lower prices prompted refiners to increase purchases of the tropical oil while cutting back on more…
Govt continues to work towards mitigating US tariffs impact on exports
The government on Tuesday said it is taking steps, such as announcing an export promotion mission, to mitigate the impact of the steep US tariffs…
Fintech platform Wealthfront aims to raise up to $485 million in US IPO
Synopsis Wealthfront, a digital wealth management firm, plans to raise as much as $485 million through its initial public offering in the United States. The…